Counselling insurance is often taken out by counsellors to protect their practice from different types of claims and damages that could disrupt their business.
This type of insurance can cover several different areas, including:
- Criminal charge defence
- Medical negligence claims
- Occupational risk insurance (which covers indemnity protection and public liability cover)
Is Counselling Insurance Essential?
The majority of counsellors will often take out individual counselling insurance. It’s also worth noting that this type of insurance can be used to protect your business from other types of claims, which means it’s not restricted to only those who work in the counselling industry. For example, this type of insurance can be used by lawyers to protect their professional reputation, which considers the potential damage that can be caused to their clients’ reputations.
Why is Counselling Insurance Important?
Most counsellors who take out private insurance will work closely with their insurance company to make sure they are covered in the ways they want to be covered. Many counsellors choose not to take out individual counselling insurance but instead opt for a higher-level policy covering all types of claims and damages.
This type of policy is often offered by companies that work with many different policies, policies which are also designed to protect many different types of claims and damages. Unfortunately, these kinds of policies are much more expensive, but they can be used to protect yourself in ways that individual insurance cannot.
Individual counselling insurance covers specific areas, including criminal charge defence, medical negligence claims, and occupational risk cover through indemnity protection and public liability cover. It’s also worth noting that this type of insurance can be used to protect your business from other types of claims, which means it’s not restricted to only those who work in the counselling industry. For example, this type of insurance can be used by lawyers to protect their professional reputation, which considers the potential damage that can be caused to their clients’ reputations.
To get a clearer idea of precisely what this type of insurance covers, it’s essential to understand the different sections that make up it.
With individual counselling insurance, there are several different sections that you will need to be aware of, including:
- Professional indemnity insurance: This insurance is used to protect you from personal and professional risks, such as work related claims such as malpractice or negligence.
- Public liability insurance: This type of policy will cover any claims made against you related to your business, including injuries that occur on your premises and damage to third party property, for example.
- Reimbursement of consultation fees: With this type of insurance, if a client claims you and the costs incurred by them exceed what is covered by their counselling insurance, then your counselling insurance will pay the remainder of the costs for you regardless.
- Criminal charge defence: In very rare cases, a client may claim against you, which involves a criminal offence. In this case, your counselling insurance will be there to help you defend yourself against any charges made.
- Referral fees: If a client refers somebody to your practice and they then purchase a policy, your counselling insurance will reward you with referral fees for any policies purchased due to the referral.
- Claim costs: Any costs incurred while defending your business from any claims or damages can be included under this section of your counselling insurance policy.
It’s essential to ensure that you have straightforward insurance for your counselling business to protect yourself from different types of claims and damages that could be made against you. Counselling insurance is something that any counselling business should consider taking out to protect themselves against any damages and claims made against them. Often, it’s not only the counsellors who are responsible for taking out this type of insurance; many counsellors will also recommend that the rest of their team members take out counselling insurance.
Things to Consider When Looking for Counselling Insurance
Several problems can occur when counsellors do not have either counselling insurance or indemnity protection. By not taking out either of these policies, counselling counsellors can potentially be held liable for clients’ actions. Therefore, if a client makes a claim against you and claims that you caused them to suffer emotional distress or made them feel uncomfortable, for example, without counselling insurance, you may not be able to defend yourself. However, by having counselling insurance and indemnity protection in place, which protects your practice from such claims and damages, the chances of this occurring are much less likely. The type of profession you are working in and which your company chooses, the insurance policy will depend on what type of claim or damages you can claim against your business.
It’s also worth noting that counselling insurance can be tailored to suit the counsellor’s needs, which means that you can choose what types of cover you would like to take out with your counselling insurance. Suppose you would like to know more information about counselling insurance. In that case, you could speak with a qualified advisor who will talk through the different types of cover that are available and help you decide which policies suit your needs the most.
Find out more about the importance of insurance here.
Other useful links about Business Insurance:
Community Group Insurance
Commercial Van Insurance
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